Newark Senior Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,699,982 | 1,767,891 | −67,909 | 32.0 | 33% |
| 2013 | 1,689,178 | 1,796,303 | −107,125 | 31.2 | 33% |
| 2014 | 2,080,060 | 1,883,866 | 196,194 | 31.9 | 33% |
| 2015 | 1,617,439 | 1,906,020 | −288,581 | 29.6 | 34% |
| 2016 | 1,893,269 | 1,917,042 | −23,773 | 29.0 | 36% |
| 2017 | 1,807,544 | 2,019,478 | −211,934 | 26.9 | 36% |
| 2018 | 3,789,199 | 2,022,434 | 1,766,765 | 37.5 | 36% |
| 2019 | 1,857,375 | 2,120,068 | −262,693 | 34.9 | 37% |
| 2020 | 2,710,979 | 2,039,698 | 671,281 | 40.9 | 37% |
| 2021 | 1,677,638 | 1,833,568 | −155,930 | 49.9 | 37% |
| 2022 | 1,863,350 | 2,115,322 | −251,972 | 38.5 | 34% |
| 2023 | 4,232,879 | 2,472,652 | 1,760,227 | 43.2 | 36% |
In its most recent public year (2023), this organization brought in $1,760,227 more than it spent. Its reserves stood at about 43.2 months of spending, up from 32 in 2012. Staff pay was 36% of spending. $1,649,115 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Newark Senior Center Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works